Jacobs Receives Contract From the Air Force Materiel Command Project for Support of the Aeronautical Systems Center F-22 Division

PASADENA, Calif., Feb. 8, 2011 /PRNewswire via COMTEX/ --Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract from the Air Force Materiel Command (AFMC) for acquisition support of its Aeronautical Systems Center (ASC) F-22 Division. The AFMC/ASC F-22 Division is based in Wright-Patterson Air Force Base (AFB), Ohio.

Officials estimate the contract value at $4.9 million and noted that it has a duration of one year with a one-year option.

Jacobs' scope of work under the agreement includes acquisition and program support for the development, procurement and fielding of the ASC F-22 systems modifications, maintenance, upgrade and modernization, in addition to advisory and assistance services to address a variety of program areas such as F-22 support system or weapon system/subsystem/component design, concept definition, development, procurement, production, modification, operations and maintenance.

In making the announcement, Jacobs President and CEO Craig Martin stated, "We are pleased to have the opportunity to build upon our longstanding relationship with the Air Force and support its Aeronautical Systems Center."

Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.

Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2010 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.

SOURCE Jacobs Engineering Group Inc.